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China and Hong Kong sign MoU regarding cross-boundary regulated entities

Chris Hamblin, Editor, London, 12 June 2018

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The China Banking and Insurance Regulatory Commission (CBIRC) and Hong Kong's Securities and Futures Commission (SFC) have signed a memorandum of understanding that will govern the way they co-operate over (and exchange information about) the supervision of regulated entities either side of the border between them.

The MoU concentrates on investor protection, the promoting of the competence and integrity of firms, market and financial integrity, ystemic risk and financial stability.

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